Ericsson and Inseego Partner to Make 5G NR Networks Real

7 months ago

Leaders in 5G New Radio (NR) technology team up to offer service
providers high-performance 5G mmWave and sub-6GHz mobile and fixed
wireless solutions for worldwide deployments

SAN DIEGO–(BUSINESS WIRE)–Inseego
Corp. (Nasdaq: INSG), a pioneer in 5G and intelligent IoT
device-to-cloud solutions, is partnering with Ericsson
(Nasdaq: ERIC) to bring 5G NR (New Radio) solutions to market. Ericsson
is a leading network infrastructure provider, carrying approximately 40%
of the world’s mobile traffic through its networks. Inseego’s 5G NR
portfolio, set to launch with service providers worldwide in 2019, was
selected by Ericsson to meet the increasing demand of high-performance
applications.

“Our engineering teams have been working closely with their Ericsson
counterparts on interoperability testing between network infrastructure
and our patented 5G NR MiFi® technology to push our joint solutions
toward rapid commercialization,” said Ashish Sharma, EVP of IoT & Mobile
Solutions at Inseego. “As 3GPP specifications continue to evolve, our
ecosystem of partners will bring the latest features and enhancements to
our customers.”

Inseego’s market leading 4G LTE and 5G NR solutions are designed to
support the latest 3GPP specifications. The solution portfolio is
powered by Inseego’s patented MiFi® technology, recently branded MiFiiQ,
the latest technology innovation from Inseego’s R&D Labs. MiFiiQ
enhancements include new antenna design techniques, quick response
algorithms for a wide array of 5G use cases, and the latest hacker-proof
security features.

“Ericsson is proud to support our mobile operators with their plans to
deploy 5G networks by ensuring interoperability with best-in-class
devices,” said Jawad Manssour, Head of Networks Portfolio Management at
Ericsson. “Inseego’s 3GPP compliant 5G NR portfolio is kick-starting
service provider deployments and enabling a new wave of use cases that
will benefit the global economy.”

According to the latest Ericsson
Mobility Report, mobile data traffic will increase fivefold over the
next five years. A global partner ecosystem with leading-edge 5G
capabilities must be in place to serve the demand. Inseego’s solutions
help unlock key 5G capabilities including wider spectrum utilization,
new applications such as 4K/8K video streaming, virtual and augmented
reality and emerging industrial use cases.

This release may contain forward-looking statements, which are made
pursuant to the safe harbor provisions of the United States Private
Securities Litigation Reform Act of 1995, as amended to date. These
forward-looking statements involve risks and uncertainties. A number of
important factors could cause actual results to differ materially from
those in the forward-looking statements contained herein. These factors
include risks relating to technological changes, new product
introductions, continued acceptance of Inseego’s products and dependence
on intellectual property rights. These factors, as well as other factors
that could cause actual results to differ materially, are discussed in
more detail in Inseego’s filings with the United States Securities and
Exchange Commission (available at www.sec.gov)
and other regulatory agencies.